Member Login

Forum - Latest Posts

  • No posts to display.
Welcome, Guest
Username: Password: Remember me

TOPIC: FRSC reverse merger at $0.20 x $1.01

FRSC reverse merger at $0.20 x $1.01 9 years 11 months ago #1448

  • Guest
  • Guest's Avatar
[FRSC reverse merger at $0.20 x $1.01]
8K released today...

On January 29, 2009 Fresca Worldwide Trading Corporation (the “Company”) entered into a material definitive agreement with MB Consulting Services, LLC (“MB Consulting”) and Belmont Partners, LLC through which MB Consulting acquired approximately fifty and one one-thousandth percent (50.001%) of the capital stock of the Company for three hundred and seventy five thousand dollars ($375,000.00). Pursuant to that agreement the Company has agreed to pursue the acquisition of certain material oil and gas related assets. The Company expects to make a definitive announcement about such acquisition(s) within the next 15 to 20 days.

On January 29, 2009 E. Robert Gates was appointed to the board of directors as Director, and as President and Secretary of the Company. As well, Joseph Meuse resigned from his position as an Officer of the Company on January 29, 2009. Within the next few days, the Company will file with the Securities and Exchange Commission (the “SEC”) and mail to its shareholders of record an information statement prepared in accordance with SEC rule 14f-1, containing information about Mr. Gates. Ten days after the information statement is mailed to the shareholders of record, Mr. Gates will take office on the Board. Mr. Gates’ appointment as an officer was effective immediately.

Set forth below is certain biographical information regarding the New Director and Officer:

E. Robert Gates: Director, President and Secretary of the Company.

Dr. Gates has over forty years of experience as a business consultant and executive, successfully leading several companies from concept stage to multimillion-dollar revenue-driving entities.

His background includes experience as manager for several start-ups; acquisitions and sales of companies as well as advertising media contracts. He has been a proven partnership builder and can conceptualize and implement high-level business strategies; act as a skilled negotiator with a keen sense of bargaining strategy; pair business opportunities and investors; lead the acquisition process; and boost sales and profitability utilizing aggressive marketing tactics.
The administrator has disabled public write access.
Moderators: Editor
Time to create page: 0.209 seconds